Buying and selling a home can be a lot of work, especially if you’re selling one house and buying another at the same time. The good news is that there are a few key things you can do to make the entire process run a little smoother. Here are a few pieces of advice from general contractor, TV host, and homeowner Jeff Devlin.
Buyers: Take the first steps with a mortgage lender.
Getting prequalified or verified approval will help you pin down your price range and signal to sellers that you’re a serious buyer. The difference between the two is that prequalification is ideal for potential homebuyers at the beginning of their home search to help determine how much house they can afford, while verified approval is ideal when a buyer is ready to make an offer on a home and includes a review and verification of their income and assets.
Sellers: Make fixes around the house.
Wrap up projects you haven’t finished, make easy fixes, and up your curb appeal so your house will be ready when a serious buyer comes along. This could help you avoid delays later in the home selling process.
Buyers & Sellers: Get the Mr. Cooper App With Home Intelligence.
Search for homes in your area, see your home’s value and the value of other homes in your neighborhood, check your credit score, and calculate your potential mortgage payment with a few simple swipes.